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Old 01-28-2007, 05:09 PM  
Barefootsies
Choice is an Illusion
 
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Join Date: Feb 2005
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Quote:
Originally Posted by Sly View Post
bdjuf wants a cash flow positive property. And I'm 90% sure that DH only deals in cash flow positive property. If the mortgage alone is $2k (not including taxes, insurance, maintenance, management, etc) that means the property must rent for a minimum of $2k, more like $2.3k I would bet.

What part of your statement am I missing? Or what part of my statement are you missing?

This is about cash flow positive properties. Not flipping a house in 2 years because it "might" go up, which by the way is the reason a lot of people are filing bankruptcy right now. Oops.
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